Overview
What is Council Oak Montessori?
Council Oak Montessori is a private educational institution located at 2521 Grove Street, Blue Island, Illinois 60406. With a team of 11 dedicated individuals, it offers early childhood education following the Montessori method to 63 students, encompassing both pre-school and elementary levels. This nonprofit organization aims to provide a nurturing and stimulating learning environment that fosters independence, creativity, and critical thinking in its students.
Official website here: www.counciloakmontessori.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (62%)
Council Oak Montessori has received a "Needs Improvement" rating due to several concerns regarding its governance and financial practices. The organization scored 62% overall, indicating that there are significant areas that require attention, particularly in terms of board independence, with no independent members currently serving. While it maintains a solid program expense ratio of 81.73%, reflecting effective allocation of funds toward its mission, the organization faces challenges in accountability measures.
The nonprofit's financial oversight is commendable in certain areas, such as having an audit and oversight committee that scored a perfect 15 out of 15 points. Additionally, there were no reported material diversions of assets, which is a positive indicator. However, the absence of a conflict of interest policy and the lack of independent board members raises red flags about governance practices that could affect its credibility and transparency.
The organization does have some strengths, such as providing a whistleblower policy and maintaining proper documentation for board meetings. Nevertheless, the missing tax forms on its website and a high liabilities to assets ratio of 74.36% might indicate financial strain. Overall, while Council Oak Montessori demonstrates a commitment to its programs, enhancements in governance and financial transparency are essential for improving its rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Council Oak Montessori legitimate?
Council Oak Montessori is a legitimate nonprofit organization registered as a 501(c)(3) entity. Council Oak Montessori submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $69,844
Professional Fundraising Fees: $0
Other Salaries and Wages: $373,537
For more financial information, click here
Official website here: www.counciloakmontessori.org
What is the mission statement of Council Oak Montessori?
Council Oak Montessori is committed to providing high-quality early education, offering private preschool and elementary education to a total of 63 children. They utilize the Montessori method, which is a unique approach to learning that fosters independence, creativity, and a love for learning in children. The mission of Council Oak Montessori is to create an educational environment that encourages each child's potential, nurturing their cognitive, emotional, and social development. By implementing the Montessori method, the school aims to prepare its students for success in their future academic and personal endeavors.
Official website here: www.counciloakmontessori.org
Who is the CEO of Council Oak Montessori?
Lila Jokanovic is the Executive Director of Council Oak Montessori.
Official website here: www.counciloakmontessori.org
What is the revenue of Council Oak Montessori?
Council Oak Montessori's revenue in 2023 was $837,561.
Official website here: www.counciloakmontessori.org
Who are the executives of Council Oak Montessori and what are their salaries?
The average compensation at Council Oak Montessori during 2023 was $40,307. There are 11 employees at Council Oak Montessori.
Here are 3 key members and their salaries:
- Compensation: $69,844
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.counciloakmontessori.org
Where can I find the form 990 for Council Oak Montessori?
Council Oak Montessori's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.counciloakmontessori.org
Learn more at the official website: www.counciloakmontessori.org
Mission Statement of Council Oak Montessori
Council Oak Montessori is committed to providing private preschool and elementary education to children, utilizing the Montessori method. Their mission is centered around offering a nurturing environment where each student can grow and develop at their own pace, fostering a love for learning and independence. With a focus on individualized instruction, Council Oak Montessori aims to equip its 63 students with the necessary skills and knowledge to thrive in their educational journey.
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Impact
October, 2024
Council Oak Montessori has made a significant impact on the community by providing quality private preschool and elementary education to 63 children using the Montessori method. Located in Blue Island, IL, the school fosters a nurturing and engaging learning environment that encourages individual exploration and discovery. The Montessori approach promotes self-directed learning, allowing children to develop critical thinking skills and a love for learning from an early age. By focusing on holistic development—intellectually, socially, and emotionally—Council Oak Montessori equips its students with the foundation necessary for lifelong success. The school's commitment to education not only benefits the children but also enriches the community, creating a lasting legacy of informed and engaged citizens.
This information is meant to be a general summary of Council Oak Montessori. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $400
- Program Service Revenue: $713,027
- Gross Receipts: $837,561
Assets and Liabilities:
- Total Assets: $858,561
- Total Liabilities: $638,435
- Net Assets: $220,126
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$615,864
FEES
Revenue
$29,112
AFTER SCHOOL CARE
Revenue
$68,051
Organization Details
Founding Year
1990
Phone
(708) 926-9720Principal Officer
Lila Jokanovic
Main Address
2521 GROVE ST, BLUE ISLAND, IL, 60406
Website
www.counciloakmontessori.orgNTEE Category
Code: B24Z - Education
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